SINGAPORE (Feb 12): Last year, Ron Tan embarked on a revamp of the board of directors at Cityneon Holdings. In May, Tan had teamed up with a group of investors to acquire control of the interactive exhibition company. Tan, who was group CEO of Cityneon at the time, formed a special-purpose vehicle for the takeover. The SPV, in which Tan has a 15.5% stake, now owns 69% of Cityneon.

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